Press Information Bureau

Government of India

Ministry of Corporate Affairs

14-May-2012 17:27 IST

There is no shortage of Chartered Accountants in the country to meet the Global challenges.

As on 1st May, 2012, 1,93,500 Chartered Accountants (CAs) were registered with the Institute of Chartered Accountants of India (ICAI).

The ICAI, a statutory body established by an Act of Parliament with its headquarters at New Delhi is the only institution involved in the education system of CAs in the country.

This information was given by the Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh in the Rajya Sabha today in reply to a written question.

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ST/-

Statutory body status confirms sole institutional authority for chartered accountancy education; government reports adequate CA workforce. The Institute of Chartered Accountants of India is the statutory body established by an Act of Parliament and is the sole institution responsible for the education of Chartered Accountants; the government reported a national register of Chartered Accountants as of 1 May 2012 and stated that available professional manpower is sufficient to meet global challenges.